Nigeria's Reserves Just Dropped $850 Million in Three Weeks Nigeria's Forex Reserves Just Dropped $850 Million. Here's What Importers Need to Know. Nigeria's foreign reserves reached a 13-year high just weeks ago. Since then, they have been quietly declining and if you import anything for your business, this is worth understanding. Data from the CBN shows reserves dropped by approximately $850 million in three weeks, falling from $50.03 billion on March 11 to $49.18 billion o

Business Confidence Is Slipping. The NESG Just Told Us Exactly Why. Nigeria Is Still Growing. But Business Owners Are Feeling the Strain. The Data Explains Why. The numbers say Nigeria's business environment is expanding. Business owners know the picture is more complicated than that. The Nigerian Economic Summit Group's Business Confidence Monitor for March 2026 shows the Current Business Performance Index fell sharply from 117.2 points in February to 101.2 points — still ab